Municipal Advisor Disclosure

Municipal Advisor Disclosure to Underwriters

June 21, 2018

The Sales Tax Asset Receivable Corp. (“STAR”) has retained the following municipal advisor: A.C. Advisory, Inc. STAR is represented by, and will rely on, A.C. Advisory, Inc. to provide advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products generally (including investments of bond proceeds and escrow investments). The contact person at A.C. Advisory, Inc. is Adela Cepeda. STAR’s contract with A.C. Advisory, Inc. extends through June 30, 2019; accordingly, this certificate may be relied upon until such date or until its earlier withdrawal (notice of which will be posted on this website). If a proposal received will be seriously considered by STAR, STAR will share the proposal with its municipal advisor. STAR makes no representation as to the independence of its municipal advisor with respect to any individual municipal market participant.